A Pakistani delegation has held talks with IPIC for the implementation agreement on the $5 billion Khalifa Coastal Refinery project.
The three-member Pakistani delegation led by Ahmed Waqar, Secretary, Ministry of Petroleum held a meeting in Abu Dhabi with senior officials of the International Petroleum Investment Company.
The refinery will be established in Hub, Balochistan with a capacity of 13 million tonnes per annum.
The ground-breaking ceremony of the project will take place next month. General Shaikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, is expected to visit Pakistan to lay the foundation for the mega project.
The project will be completed in 2010. The refinery would give a major boost to the refinery capacity in Pakistan. This mega project will create thousands of both skilled and unskilled jobs.
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